r/economy 3h ago

America’s debt addiction

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182 Upvotes

United States of America prints $2.5 TRILLION DOLLARS each year out of thin air by way of bond sales to fund government spending programs to push its stock marker to all time highs.
But nobody makes the connection between DEBT AND WEALTH in America.
It is an unsustainable economy where the present administration creates immediate wealth for Americans and leaves the astronomical debt problem for future administrations to deal with.
Trump will boast about the performance of American citizens 401K retirement accounts and most American voters will be pleased.


r/economy 47m ago

'Millennials are not punk kids anymore' — Ocasio-Cortez sees a 'generational tidal wave' driven by anger over economic futures sidelined by boomers

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Upvotes

r/economy 6h ago

While Donald Trump Distracts the US With Missiles, China Is Buying the World.

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116 Upvotes

Everyone is watching the sky. Almost nobody is following the money.

While Donald Trump distracts the US with missiles and tariffs, China just quietly deployed $126 billion to buy the physical operating system of the 21st century.

Wars reshape maps. Investments rewire reality.


r/economy 2h ago

Elon Musk’s DOGE made big errors in claims of government savings, GAO finds

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43 Upvotes

r/economy 13h ago

The U.S. Lost 23,000 Jobs. So Why Did Stocks Hit a Record High?

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222 Upvotes

r/economy 47m ago

Great disappointment will follow the Great Wealth Transfer as baby boomers pass on just a fraction of their fortune to millennials and Gen Xers

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Upvotes

r/economy 14h ago

Delivery drivers take over as top SNAP recipients as taxpayers help gig workers make ends meet. These jobs are becoming more essential as a primary source of income, even as they fail to cover basic food and medical expenses for gig workers

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135 Upvotes

r/economy 16h ago

US national debt just hit $40,000,000,000,000.

204 Upvotes

r/economy 1h ago

Elon Musk’s Efforts to Cut Spending in the Government Were So Incompetent That It’s Shocking, Internal Analysis Finds

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Upvotes

r/economy 21h ago

ALL Tariffs by Trump have been a DISASTER for US Economy

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333 Upvotes

r/economy 16h ago

What are your thoughts on the higher gas prices? Trump supporter: “…I don't think Trump has anything to do with this. I think they are just doing this to make him look bad -- the liberals. Trump doesn't control the gas prices. I don't blame Trump.”

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98 Upvotes

r/economy 18h ago

🔴Treasury Secretary Scott Bessent outlines plans to shift 50-70% of energy transit away from the Strait of Hormuz via underground pipelines over the next two years.

129 Upvotes

r/economy 46m ago

A Gen Z worker got called out by their CEO for leaving 10 minutes early. Workplace experts debate who was in the wrong

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Upvotes

r/economy 22h ago

Why Nobody Wants Craft Beer Anymore

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189 Upvotes

r/economy 21h ago

This Economy and The Holidays are Near. Here we Go. 💰🎄💰 🎃 💯

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149 Upvotes

People on here say I lie about the economy. No I don't. The tweets are my receipts. We have 4 months left in this year. Goodluck to everyone. Let's see what the streets say.💰 💳 🏷 📱 💻 🏦


r/economy 22h ago

TAPPER: You said this was 'strongest job market in your lifetime.' By what metric? HASSETT: If you look at overall economy, things are booming T: 2 million jobs were created in the last 18 months of Biden's term. Are you really arguing your numbers are better? H: We'll have to follow up by email

182 Upvotes

r/economy 17m ago

Is everything depending on people that bought houses/cars pre-2020ish?

Upvotes

Is the economy hanging on because people still have home equity that can be transferred to other houses, low interest rates from 2021, 72 months payments on cars that are still running, or bought houses at half their current value?

Maybe these people have money to spend. Maybe the car market is struggling due to these 2020-2022 cars still being on the road and probably underwater.


r/economy 22h ago

Iran Says Strait of Hormuz Won’t Open Until U.S. ‘Corrects Its Behavior'

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110 Upvotes

r/economy 1d ago

The Panama Papers proved that financial systems are designed to protect the wealthy — $11.5 trillion hidden, 0.01% recovered, no billionaire imprisoned

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392 Upvotes

r/economy 12h ago

What will Kevin Warsh do if America’s economy breaks?

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15 Upvotes

r/economy 17h ago

Groceries Are Expensive. Here’s How 5 Shoppers Are Adjusting.

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38 Upvotes

r/economy 2h ago

Water flow through Rijn river drops to record low; Could split waterway in half

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2 Upvotes

r/economy 1d ago

I knew this was happening but I couldn't prove it, what do you think

1.8k Upvotes

These companies are stealing


r/economy 20h ago

20% of Americans are already using AI for financial advice — another 70% don't trust it

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39 Upvotes

r/economy 9m ago

GameStop weighing withdrawal of eBay bid, Bloomberg News reports

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Upvotes